Western Asset High Yield Defined Opportunity Fund Inc. Announces Monthly Dividend of $0.10 (NYSE:HYI)

Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) announced a monthly dividend on Friday, February 21st, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be given a dividend of 0.095 per share on Monday, June 2nd. This represents a $1.14 annualized dividend and a yield of 9.65%. The ex-dividend date is Thursday, May 22nd.

Western Asset High Yield Defined Opportunity Fund Stock Down 0.6%

HYI stock opened at $11.81 on Tuesday. Western Asset High Yield Defined Opportunity Fund has a one year low of $11.05 and a one year high of $12.44. The company has a 50 day moving average price of $11.68 and a two-hundred day moving average price of $11.92.

Institutional Trading of Western Asset High Yield Defined Opportunity Fund

A hedge fund recently bought a new stake in Western Asset High Yield Defined Opportunity Fund stock. Jane Street Group LLC bought a new position in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 17,521 shares of the company’s stock, valued at approximately $207,000.

Western Asset High Yield Defined Opportunity Fund Company Profile

Western Asset High Yield Defined Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited.